Why Apple bought zero shares in December…

Published February 1, 2019, 7:05pm ET · 1 min read

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And then retired 14.5 million Apple shares in the first three weeks of January.

 

Not seeing the buyback bar graph? Click here.

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My best guess: Tim Cook knew in December that his Jan. 2 guidance warning would send the stock into free fall. Why invite investor lawsuits and SEC scrutiny?

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Steven M. Peters
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